Southern Alberta aboriginal high school to get youth business program + MORE Jan 21st

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90 days – 3.00%

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NEW YORK, N.Y. – An Alzheimer’s expert says he was too ashamed to be truthful when the FBI confronted him with claims he fed inside information to a hedge fund manager.
Sidney Gilman described his dealings with investigators Tuesday to a Manhattan jury at the trial of former SAC Capital portfolio manager Mathew Martoma. The government says the secrets were about a clinical trial for a promising Alzheimer’s drug.
The 81-year-old Gilman says he was “hoping it would go away” when he lied to the FBI in September 2011. He says he had betrayed his colleagues, himself and his employer: the University of Michigan. He eventually signed a non-prosecution agreement and agreed to testify.
Prosecutors say Gilman’s tips helped Martoma and SAC Capital earn a quarter billion dollars illegally.
Martoma has pleaded not guilty.
The post Alzheimer’s expert from Mich. tells NY jury he lied to FBI out of shame over broker secrets appeared first on Canadian Business.

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STANDOFF, Alta. – An aboriginal youth business program is coming to the Blood reserve in southern Alberta.
The program at Kainai (kye-nye) High School will be open to students in Grades 11 and 12 and aims to provide business knowledge and financial literacy skills.
There will also be hands-on experience with local businesses.
Former prime minister Paul Martin and his Martin Aboriginal Educational Initiative is behind the program, along with the Blood Tribe and Scotiabank.
A similar program began about two years ago in The Pas, Man.
Martin says Kainai was chosen in part because it is a progressive school.
“The forward thinking of the Blood tribe is a very important part of this and the success of the school,” Martin said on a visit to the reserve Tuesday.
“This is really about indigenous youth who understand that if they get an education — the right kind of an education — and if they understand what opportunity lies in front of them, there is nothing that can hold them back…

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Canada’s banking regulator has proposed changes that would allow it to review new board members or top executives of banks and other federally regulated financial institutions.

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